Mycotoxin Binders Market: Players Focus on New Products to Up Sales

Prominent participants in the global mycotoxin binders market are focusing on augmenting their product portfolios in order to reach out to a wider customer pool. For this, they are investing heavily in research and development to come up with new products or improve existing ones.

Some of the key companies operating in the global market for mycotoxin binders are BASF, Syngenta International, E.I. du Pont, Kemin Industries, Bayer, Nutreco, Impextraco, Novus International, Cargill, and Biomin.

A report by Transparency Market Research predicts the global mycotoxin binders market to register a healthy 9.7% CAGR during the period between 2017 and 2025. Rising at this pace, the market which is expected to be worth US$184.1 mn by the end of 2017 will likely become worth US$387.4 mn by 2025.

Depending upon the product type, the global mycotoxin binders market has been classified into raw clays, zeolites and other treated aluminosilicates, polysaccharides, etc. Of them, zeolites and other treated aluminosilicates is predicted to account for maximum market share. The TMR report predicts the two segments to together account for about 37.1 % of market share in 2017.

Geography-wise, the key segments of the global market for mycotoxin binders are North America, Latin America, Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. Latin America, among them, is slated to outpace all other segments vis-à-vis growth rate by clocking a solid 11.0% CAGR in the forecast period from 2017 to 2025. This is because of the rising knowledge about the use of mycotoxins in feed and its effects and increasing investments by companies in research and development to come up with better products.

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Ability to Enhance Quality of Meat Stokes Demand

Animal feeds are prone to mold growth and mycotoxin contamination. Mycotoxin binders are added to feed to prevent animals from absorbing toxins that maybe present in those. With an ever-increasing world population, urbanization, and changing food habits of people, especially in the Asia Pacific region, demand for meat and poultry products has skyrocketed. This, in turn, has generated demand for feed mycotoxin binders, particularly in Asia Pacific.

With high amounts of insect and fungi infestation, essential nutrients are lost on the animal feed. Mycotoxin binders are added to those to prevent the animals from ingesting toxins from the contaminated feed. In this way they help to enhance the quality of the meat and also cater to the increasing demand for organic meat.

Changing Climate Globally Proves Beneficial for Market

Besides, changing climatic conditions around the world is serving to up insect and fungi infestations in animal feeds, which will further increase demand for pesticides and fungicides. With a high degree of infestations occurring in regions where contamination was previously negligible, global food and feed supply chain will encounter more modified mycotoxins and an overall increase in occurrences. This is expected to prove beneficial to the market for mycotoxin binders as well.

Besides, the market is also predicted to make gigantic strides on the back of rapid industrialization. Posing a roadblock to the market, on the other hand, is the requirement for specific inactivators for various mycotoxins.

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Brown Sugar Market Driven by Rising Demand in Bakery Products, Dairy Products, Beverages

The global brown sugar market is likely to exhibit robust growth in the coming years on the back of rising demand from the food and beverage industry. Brown sugar is a type of refined sugar containing molasses, which also imparts the brown color. Production of molasses is a part of the production process of ordinary refined sugar, but can also be added to refined sugar afterwards to turn it into brown sugar. Brown sugar is a staple in the production of various commercially important food and beverage products such as bakery products and sweetened beverages. The global brown sugar market is thus likely to exhibit steady growth in the coming years due to the steady growth trajectory expected from the food and beverage industry.

According to Transparency Market Research, the global brown sugar market was valued at US$18.3 bn in 2017 and is likely to rise to US$26.5 bn over the 2017-2022 forecast period at a solid CAGR of 7.7%.

Here are the key insights into the global brown sugar market:

Rising demand for bakery products in urban areas is likely to be a major driver for the global brown sugar market. The bakery products industry is a key consumer of powdered, granulated, as well as syrup brown sugar and is likely to remain a major contributor to the global brown sugar market due to the increasing awareness of Western bakery products in emerging markets. The rising indigenous bakery products industry in emerging regions such as Latin America and Asia Pacific is likely to remain a significant contributor to the global brown sugar market in the coming years due to the rising popularity of bakery items in urban areas in these regions. Household production of bakery products is also likely to increase in emerging regions due to the increasing interest in cooking bakery products, leading to a steady rise in the demand from the brown sugar market.

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The beverage industry is likely to be a major contributor to the global brown sugar market in the coming years. Aerated and fruit-based beverages have become widely popular across the world due to the instant appeal and demand for brown sugar in beverage production is thus likely to benefit massively over the coming years. The rising popularity of local beverage manufacturers, who can compete with international players due to the cheaper regulatory expenses, is likely to remain a major driver for the global brown sugar market in the coming years, particularly in emerging regions such as Southeast Asia and Latin America. The dairy industry is also likely to contribute significantly to the brown sugar market across the world due to the rising awareness about the utility of dairy products as a healthier alternative to conventional sweetened and aerated beverages.

Geographically, Asia Pacific except Japan is likely to remain the leading contributor to the global brown sugar market over the coming years. The region accounted for more than 33% of the global brown sugar market in 2017 and is likely to remain relevant to the global brown sugar market figures over the coming years in spite of a fall in market share. North America is likely to become increasingly relevant to the global brown sugar market in the coming years due to the growing demand from the packaged food and beverage industry. The longstanding popularity of bakery products in North America has been a major driver for the brown sugar market in the region. The North America market for brown sugar is expected to grow from US$2.5 bn to US$3.8 bn over the 2017-2022 forecast period at a robust 8.7% CAGR.

Europe is also likely to remain a dominant contributor to the global brown sugar market thanks to the widespread presence of traditional bakery practices, which often make use of molasses more than modern operations. The Europe brown sugar market is expected to be valued at more than US$4.7 bn by 2022, with the region likely to exhibit a 7.7% CAGR over the 2017-2022 forecast period.

Competitive Tracking

The global brown sugar market is highly competitive due to the presence of several players looking to claim a major share in global figures. Leading players in the global brown sugar market include AkzoNobel NV, Masco Corporation, Hempel A/S, Jotun A/S, The Valspar Corporation, Axalta Coating Systems Ltd., Nippon Paint Holding Co. Ltd., BASF SE, and PPG Industries Inc. Moreover, new entrants could join the brown sugar market over the coming years due to the increasing commercial prospects of the food and beverage industry in the urbanized modern world.

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Increasing Need for Proper Management and Disposition of Rejected Assets Fuels Demand for Cloud Computing Data Center ITAD Solutions

The competitive landscape of the global cloud computing data center IT asset Disposition (ITAD) market is oligopolistic in nature. A handful of ITAD providers, including ITRenew Inc., Sims Recycling Solutions Inc., Arrow Value Recovery Inc., Apto Solutions, and Cloud Blue Technologies Inc., enjoy dominance over the worldwide market, finds Transparency Market Research in a new study.

As the adoption of cloud services has increased across the world, the need for proper management as well as the disposition of the rejected assets has been rising significantly. The aggressive employment of cloud computing ITAD programs and procedures in the leading cloud computing service (CCS) providing companies, such as Amazon, Facebook, Apple, and Google, is presenting an opportunity-rich market to established participants. New entrants are likely to gain from the changing dynamics of cloud computing due to the advancement of technologies.

Growing Concerns over Data Security Boost Adoption of ITAD Solutions

Data security has emerged as the greatest challenge for enterprise across the world. The rapid rise in the incidence of data breach and the stealing of information in the recent past has hugely impacted the reputation of big companies. The effective security solutions such as physical security systems and data recovery, provided to enterprises by Data center ITAD services have boosted their employment substantially in major IT and e-commerce firms.

Apart from this, the rising trend of recycling and reselling in data centers, considering the demand for used IT equipment, is projected to augment the adoption of ITAD solution over the forecast period. The implementation of various government regulation on the disposal of eco-friendly assets is also expected to fuel the demand for these solutions in the coming years.

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Steady Rise in Annual ITAD Volume and Revenue Generated to Influence Global Opportunity Significantly

The steady rise in the annual volume consumed and the revenue generated by ITAD has influenced the market for cloud computing data center ITAD greatly over the recent past and the trend looks undying in the near future. According to TMR, the market opportunity is likely to expand at a healthy CAGR of 5.70% during the period from 2016 to 2020 and increase from a US$3.5 bn in 2015 to US$4.6 bn by the end of the forecast period.

North America has emerged as the current market leader. The presence of a huge IT industry and a number of cloud data centers has assisted this region significantly in occupying this position. Analysts expect it to remain dominant over the forecast period, considering the ever-increasing amount of data in cloud data centers. The opportunity in this regional market has been estimated to rise from US$1.3 bn in 2015 to US$1.7 bn by 2020.

During the forecast period, storage devices are likely to report the highest demand among the ITAD assets and the demand for data sanitization is expected to rise at the highest rate among solutions.

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Water Soluble Film Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025

Global Water Soluble Film Market: Overview

Water soluble film is a biodegradable film that is used in packaging several products such as dyes, detergent and besides packaging it can also use as disposable bags and laundry bags. Water soluble film is manufactured using a polymer named polyvinyl alcohol which is a synthetic polymer that has excellent emulsifying, forming and adhesive properties. The water soluble film is also resistant to solvent, oil, and grease.  The water soluble film has his tensile strength and is non-toxic in nature as well has high oxygen and aroma barrier.

Global Water Soluble Film Market: Dynamics

Water soluble film outperforms in the packaging industry owing to development and advancement in technology that adds a biodegradable factor to the packaging material and thus is a potential factor driving the growth of water soluble film market. Moreover, packaging, a functional aspect which dealt with protection and preservation of product during transportation from manufacturer to final consumer has taken a change in recent years. This has resulted in packaging to becoming an integral part of an organization to attract the customer and boost sales strategy which ultimately leads to the profit of the organization and is another potential factor to the growth of water soluble film market. With flexible packaging replacing the traditional rigid methods has taken boom in the industry that allows the manufacturer to reduce the cost of logistics such as transportation, storage & warehousing and is a key driver for the water soluble film market. The water soluble film ensures the purity and preserves the effectiveness through sealed pouches of ingredient allowing a consistency in product delivery and avoiding cross contamination. Moreover, the polymer used for the manufacturing water soluble film are environmental friendly which limits the landfill sites and need to dispose of solid packaging material such as non-degradable products and thus supports the growth of the water soluble film market. Factor such as resistant to mineral oil, vegetable oil, animal oil and excellent packaging for oily products and organic solvents are supporting factor to the boost of water soluble film market.

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Global Water Soluble Film Market: Segmentation

Based on Type and dissolving temperature: Global Water Soluble Film Market is segmented into

• Type Z – 05o
• Type C – 15o
• Type W – 25o
• Type M – 45o
• Type H – 65o
• Type S – 85o

Based on application: Global Water Soluble Film Market is segmented into

• Packaging
• Disposal bag
• Laundry bags

Based on polymer: Global Water Soluble Film Market is segmented into

• poly(vinyl alcohol)
• (PVOH)-based thermoplastics

Global Water Soluble Film Market: Region Wise Outlook

The global water soluble film market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). North America in the global water soluble film market holds a dominant position owing increased in the role of advanced technology in packaging in the U.S. which have a major manufacturing unit such as food and chemicals across the globe. Western Europe is estimated to hold a second major position in the global Water Soluble Film Market which is owed to environmental benefits received from water soluble film material. Moreover, government support to the use of water soluble film in packaging is getting high and thus is driving the water soluble film market in the region. Establish regions of Western Europe and North America for water soluble film is anticipated to grow at healthy CAGR during the forecast period. APEJ is expected to grow at a relatively high CAGR during the forecast of water soluble film market. The growth in the region is owed to rise in the packaging industry. Moreover developed and advancement in technology is estimated to drive the water soluble film market in the region.

Global Water Soluble Film Market:  Prominent Players

Few of the prominent players in the Water Soluble Film Market are as follows

• 3M
• Sigma-Aldrich Co. LLC.
• Sekisui Chemical Co, Ltd.
• Marubeni plc
• Cortec Corporation
• Soltec development Inc.
• Acedag Ltd
• AICELLO Corporation
• Amtrex Nature Care Pvt. Ltd.
• Nissin Corporation
• Polatechno Co., Ltd.

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Augmented Reality Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025

Augmented reality is a technology that connects reality to the virtual world. It is gradually becoming an important technology. In order to replace the traditional process of purchasing and to increase customer engagement, major packaging manufacturers have started employing augmented reality packaging. Augmented reality packaging also aids in reducing the sales cycle. Tech-savvy customers are exhibiting increased interest in this technology. Augmented reality is creating an impactful mark on the consumer packaged goods (CPG) industry and essentially helping manufacturers bring more products to retailers and expand to new markets continually and impressively. While several packaging manufacturers are still getting acquainted with augmented reality packaging; major players such as Coco Cola, Kraft, L’Oréal, and Simmons have already adopted this technology for demonstration, promotion, and product differentiation.

Major growth drivers for the augmented reality packaging market include the increase in demand for smart and digital packaging and rise in demand for FMCG products. Moreover, forthcoming technological advancements, industrial development, and innovative techniques developed for the use of augmented reality packaging would be key factors responsible for growth of the market. The augmented reality packaging market has been witnessing high growth over the last few years, owing to high demand from end-user industries based in the U.S., Germany, France, China, and Japan. However, factors such as low awareness among consumers and restricted size of storage devices may hamper the market in the near future.

Based on technology, the augmented reality packaging market has been segmented into head-mounted displays, applications (apps), and others. The market is dominated by the apps segment, as apps give handy experience to customers and are relatively less expensive. However, the head-mounted displays segment is projected to expand at a high rate during the forecast period, owing to changing lifestyle and increase in consumer spending on digital technology.

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Based on application, the market can be classified into mobile & tablet devices, showroom, web, retail, and others. The mobile & tablet devices segment dominates the global augmented reality packaging market, as these devices make advertising and promotional campaigns available only at the touch of a button. Augmented reality is the way of the future in on-pack communication. It is changing how consumers interact with products and use them. It lays a strong foundation for building brand loyalty.

An emerging trend of intensifying conjunction between wearable devices, AR, and GPS is projected to drive the augmented reality packaging market in the next few years. Increasing diffusion of smartphones and tablets is a major factor encouraging the adoption of augmented reality packaging. In addition, rising investments by packaging manufacturers in the augmented reality packaging market have played a major role in promoting growth of the market.

In terms of geography, the global augmented reality packaging market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Currently, packaging manufacturers based in North America are largely adopting augmented reality packaging, with the U.S. and Canada being major contributing countries. In Asia Pacific, urbanization and rapid digitization have boosted the information technology sector. This, in turn, has helped in raising the demand for augmented reality packaging in the region. Furthermore, Europe and Latin America are highly active markets, in terms of strategic initiatives and emerging demand from the end user industries. Some of the factors fueling the market in these regions are high growth of end-user industries, increased local manufacturing, and risen number of domestic players in industrial applications in the regions.

Key players operating in the global augmented reality packaging market include Coco Cola, Kraft, L’Oréal, and Simmons.

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White Goods Packaging Market – Global Industry Analysis, Size, Growth, Trends, and Forecast 2017 – 2025

White Goods Packaging Market – Introduction:

Packaging consist of processes and materials that are employed to handle, store, protect, and transport the product. White goods are the household appliances which include small electrical appliances as well as large electrical appliances, such as microwave oven, toasters, vacuum cleaners, deep fryers, dishwasher, cooking stoves, washing machines, refrigerators and freezers, clothes dryers etc. White goods are sensitive to impact, pressure, vibrations as well as climatic stresses. White goods require perfect packaging to avoid damage caused by contamination, solar radiation and damp weather. The changing trend towards efficient multifunctional appliances driving the white goods packaging market. Manufacturers providing various disposable white goods packaging solutions to meet the optimization in weight reduction, shipping space and packaging cost.  White goods industry is the largest sector worldwide which helps the growth of white goods packaging market.

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White Goods Packaging Market – Dynamics:

Increasing applications of white goods in luxury, entertainment, life science, medical, and in other sectors is driving the global white goods packaging market. An efficient and appealing white goods packaging can help in marketing and drive the sales. The revolutionary technologies such as internet of things (IOT) are driving the demand for smart electronic devices which helps in rising the growth of white goods packaging market. White goods need highly safe and secure packaging due to the delicacy of the products as they may create fire in the premises. Packaging is an important factor in case of white goods as they contain various hazardous materials such as lead, mercury, and cadmium which are very harmful when they get damage. Manufacturers provide a wide range of plastic processing and professional packaging solutions of white goods packaging. Expanded Polypropylene (EPP) foam is widely used material in the white goods packaging market.

The white goods packaging is precisely engineered to be aligned with the respective goods and which is fabricated with the help of modified technologies. White goods packaging helps in improving the logistic flow and reducing the tooling cost. White goods packaging can be available as a complete recyclable variant or as multi-use packaging solution. Growing consumer electronics retail stores and online retail industry also fuelling the demand for white goods packaging. The white goods packaging market in rural and semi-rural areas is anticipated to account high growth in the forecast period. Manufacturers offering white goods packaging which could be reused and made up of expanded polypropylene, which is a recycling material as well as without toxic volatile agent like Styrofoam.

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White Goods Packaging Market – Segmentation:

The global white goods packaging market is segmented on the basis of material type and by packaging type, and by application.

On the basis of material type, the global white goods packaging market is segmented as follows:

• Plastic
  • Polypropylene (PP)
  • Expanded polypropylene (EPP)
  • Polyethylene (PE)
  • High-density polyethylene (HDPE)
  • Low-density polyethylene (LDPE)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
• Paper & Paperboard

On the basis of packaging type, the global white goods packaging market is segmented as follows:

• Air Bags
• Foam Sheets
• Corrugated Boxes
• Rigid Plastic Containers
• Shrink Films
• Others

On the basis of application, the global white goods packaging market is segmented as follows:

• Refrigerators
• Washing Machines
• Air Conditioners
• Microwave Ovens
• Dishwashers
• Vacuum Cleaners
• Others

White Goods Packaging Market – Regional Outlook:

On the basis of geography global white goods packaging market is segmented into Latin America, North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. Among these region, Asia Pacific excluding Japan (APEJ) is expected to be the fastest growing white goods packaging market due to growing production of electronic devices. Along with APEJ, North America is also one of the largest consumer of white goods and anticipated to grow at significant speed.

White Goods Packaging Market – Major Players:

Some of the prominent players operating in the global white goods packaging market include Smurfit Kappa Group PLC, Uline, Inc, JJX Packaging LLC., Parksons Packaging Ltd., AllTransPack, Inc., Clark Foam Products Corp., Eurofoam GmbH, and Automa Multi Styrene (Pty) Ltd.

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As Competition in IT Operations and Service Management Services Intensifies, More Agile Solutions to Emerge

As organizations become decidedly clearer about investing in more agile IT infrastructure, players in the IT operations and services management (ITOSM) market are compelled to be highly responsive to this change, a new report by Transparency Market Research finds. To this end, the change in the ITOSM competitive landscape is already evident.

The future of IT operations and service management will increasingly be defined by the sharp focus on an unmatched end-user experience and customer satisfaction – the two proven ways of ensuring that key accounts stay with the service provider.

Large Companies Leverage Deeper Vertical Presence while Smaller Players Trying to Gain More Ground in ITOSM Market

TMR observes that while tier 1 companies such as BMC Software Inc. are seeking out new avenues to strategically expand their end customer solutions portfolio, others such as HP Inc. are betting on performance management, cloud computing, and analytics to gain a competitive edge. The wider geographical presence of large companies and their presence in ancillary verticals such as cloud management is enabling them to move full steam ahead in the ITOSM space.

“The game plan for tier 2 companies, however, will be slightly different considering they do not enjoy the same regional presence as their larger contemporaries. The next few years will see more tier 2 companies venturing into partnerships and M&As to gain more ground in the ITOSM market,” says a TMR analyst. Tier 2 companies are expected to earmark more funds in expansion activities to compete more fiercely in the coming years. In terms of product portfolio, it is the tier 1 companies that boast wider offerings because of their key clients being small and medium enterprises scattered across various industries.

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Public Cloud Adoption will be a Pivotal Trend for Growth

According to TMR, public cloud adoption will steer the growth of the IT operations and service management market. The Cisco Global Cloud Index 2014, for instance, reveals that public cloud workloads will rise at a 44% CAGR between 2014 and 2019. In comparison, the workload increase in private cloud workload will be 16% in the same period. As more data shifts to the mobile and handheld devices such as tablets and smartphones, cloud storage solutions will be in high demand. As the cost of on-premise ITOSM spirals, more companies will shift toward cloud-based ITOSM in a bid to reduce OPEX and CAPEX.

Complexities in SLAs Stemming from Integration Issues Could Suppress Growth

The integration of IT operations and service management solutions is the greatest challenge that players are currently struggling to address. The sheer effort required in coordinating between the myriad phases and interrelated processes in IT operations and service management is making seamless deployment challenging, TMR finds. The integration of services being sourced from multiple suppliers is also often a challenge. The disparate cloud deployment models and services further make for very complex service level agreements (SLAs). In this context, the success of the ITOSM solution primarily depends on how clearly the service provider is able to define the finer nuances in the SLA.

IT Service Management to Attract More Investments in the Coming Years

According to TMR, IT operations management (ITOM) was largest segment (by type) in the global ITOSM market in 2015 and will continue to retain its leading position until 2024. However, with a CAGR of 7.5% between 2016 and 2024, the IT service management (ITSM) segment is expected to fare better than the others through the forecasting horizon. The manufacturing sector and IT and telecom industry will generate appreciable demand for ITOSM through the report’s forecast period, says TMR.

The global ITOSM market was valued at US$17.40 bn in 2015 and it is expected to expand at a CAGR of 6.5% from 2016 to 2024 to reach US$30.96 bn in 2024.

Top players in the market are: IBM Corporation, Oracle Corp., Microsoft Corporation, BMC Software Inc., HP Inc., ServiceNow Inc., VMware Inc., Compuware Corporation, and CA Technology, Inc.

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